Mining Automation Market

Mining Automation Market - Global Industry
Insights, Trends, Outlook, and Opportunity Analysis,
2018-2026
Mining automation refers to highly efficient autonomous equipment installation that
enhances productivity and improves safety.
The market for global mining automation is expected to witness significant growth
due to increased need for safety, higher productivity, and increased energy efficiency
requirement and environmental sustainability. According to a Fatal Accidents in the
Mining Industry Report, by Government of Western Australia Department of Mines
and Petroleum, there were 52 fatal accidents over the period (2000–2012), in which
17 were underground and 35 were on the surface. Mining was primarily considered
as a high risk job due to exposure to harmful vapors, flammable gases, unbalanced
materials, susceptibility to fires and roof collapses, leading to serious threat to
human lives.
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Most conventional systems are not adept at detecting the presence of the target
material that needs to be mined and also any such hazards that might be lurking
beneath the surface, without human intervention. Mining automation technology
helps in detection of dangerous areas in underground mining by sending drones or
robots, which collects samples and make a model for best outcome before
attempting. Thus mining automation reduce unnecessary expenditure, avoid waste,
incorporate operation and faster production rate. Deployment of automation aids in
improving safety in mines as it requires less human intervention. For example,
Penguin System is robotic system used for determining exact path to follow within a
rock mass in real-time, with the help of synthetic rocks, for ensuring safety of
workers and replacing manual labor. Automated underground vehicles based on
laser technology, can be utilized to monitor leg pressure and analyze performance.
Thus, mining automation enhances individual safety of mine workers.
Additionally, driverless haulage trucks, semi-automatic load haul dump truck (LHD),
automatic load haul dump truck (LHD), and environmental monitoring systems,
among others, are key equipment used in mining automation. Radio Frequency
Identification System (RFID), Real Time Sensing System (RTSS), and wireless mesh
networking technology with Real Time Locating System (RTLS) are used for better
communication in underground mines.
Mining Automation Market: Regional Insights
The global mining automation market is segmented on the basis of regions into
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The
market for mining automation in Asia Pacific accounted for largest share in the global
market in 2016. This growth is attributed to increasing exploration activities in
Australia and presence of leading mining companies, which includes Rio Tinto,
Fortescue Metals Group, and BHP Billiton. According to Mining.com a leading digital
publication covering the global mining sector, among minerals gold is the leading
sector accounted 45% of the total exploration expenditure in 2016, but from 2017
expenditure in base materials such as copper, nickel, and zinc among others are
increasing. In 2017, Australian government announced to invest US$ 79.8 million to
small and medium sized mining companies for encouraging exploration.
Moreover, Western Australia have already been started using automated mining
equipment. For example, The Morobe Mining Joint Venture (MMJV) set up a new
flotation control system that aids in adjustment of mass balances. The Australian
Centre for Field Robotics (ACFR) collaborated with Rio Tinto, for the establishment
of the Rio Tinto Centre for Mine Automation (RTCMA) in 2007 through to 2019. The
purpose of RTCMA is to improve and implement the visualization of an entirely
autonomous, remotely operated mine.
According to the Government of Australia’s Department of Industry report in 2014,
Australia’s largest goods producing industry is mining, contributing 8.3% towards
GDP. Mining equipment and technology & services recorded the strongest average
annual growth in business expenditure on R&D of 14.2%, over the period 2006–07 to
2011–12. These are the factors for growth of the regional mining automation market.
Mining Automation Market: Competitive Background
Major players operating in the global mining automation market include Caterpillar,
Inc., Komatsu Ltd., Sandvik, Atlas Copco, Hexagon AB, Hitachi, Ltd., RPMGlobal
Holdings Limited, Trimble Inc., Autonomous Solutions Inc., Fluidmesh Networks
LLC, MST Global, and Symboticware Inc.
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The mining automation market in Asia Pacific accounted for largest share in the global market in 2016. This growth is attributed to increasing exploration activities in Australia and presence of leading mining companies

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